Daily News

Canadian grocery giant's investors appear largely unfazed as stock hits new highAs a month-long boycott of Loblaw Cos. Ltd. enters its third week, the Canadian grocery giant’s investors appear largely unfazed. Though the movement continues to see a rise in s...

Average price of a home sold last month amounted to $703,446, down 1.8% from April 2023The Canadian Real Estate Association says the number of homes changing hands in April fell from the previous month despite an influx of new listings hitting the market....

WatchRobert McLister, mortgage specialist at MortgageLogic.news, talks with Financial Post’s Larysa Harapyn about how mortgage lenders are offering ‘extreme discounts’ behind the scenes. McLister advises homebuyers to contact a mortgage specialist or mortgag...

Stocks hovered below this week’s record levels as dialed-down bets for U.S. Federal Reserve policy easing prompted a pull-back from riskier assets. U.S. futures contracts were little changed after Wall Street slipped back from all-time highs in the previou...

Bitcoin was lumped in with other speculative investments during the run-up of the U.S. Federal Reserve’s last tightening cycle, slumping on expectations higher interest rates would damp the appetite for risk. Now with optimism growing again that borrowing cos...

David Burrows, president and chief investment strategist, Barometer Capital Management FOCUS: North American large caps MARKET OUTLOOK: Barometer continues to be positive on the outlook for equities and commodities as a way to benefit from a reflat...

Monday, May 20 Canadian markets closed for Victoria Day holiday Tuesday, May 21 8:30 a.m. Canada Consumer Price Index (April) Earnings: Lowe’s, AutoZone Wednesday, May 22 2:00 p.m. U.S. FOMC minutes Earnings: Target, TJX, NVIDI...

This week’s meme-stock pop is a sign that U.S. equity markets are frothy and potentially peaking, according to the latest Bloomberg Markets Live Pulse survey. GameStop Corp. and AMC Entertainment Holdings Inc., two darlings of the meme-stock mania of 2021,...

Gildan Activewear Inc. shareholders should vote for all eight board nominees put forward by activist investor Browning West LP, including the chief executive officer who was fired by the board last year, proxy advisory firm Institutional Shareholder Services...

Institutional Shareholder Services Inc. is throwing its support behind a slate of board nominees and a former chief executive that dissident Gildan Activewear Inc. shareholders have been fighting to see run the company. ISS, a prominent advisory service, i...